BIO price prediction

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  • 14 October 2022
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aistockpriceprediction.com and DataFortress.cloud are not giving any trading advice. Statistics and opinions stated on this website are purely statistical, and should never be used for real life trading. Form your own decisions and speak with a registered investment advisor before investing.

Predicted price range for Bio-Rad Laboratories

Our trading algorithm values Bio-Rad Laboratories (BIO) to be undervalued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationundervalued
Current trenddowntrend
Buy/Sell RecommendationNeutral
Current Price$384.07
60 Day Prediction$373.25
60 Day Pred - Lower Bound$341.98
60 Day Pred - Upper Bound$404.15

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = -1.118 * nr_days_in_the_future + 406.778

Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

BIO traded at $384.07 this Friday October 14th, loosing $-8.88 or -2.3120797545944023 percent since last week.

Looking back, over the last month, BIO has been loosing $-61.43 or -15.994477960869293 percent.

Over the last year, it has been loosing $-348.69 or -90.78813648342347 percent.

Seasonality of Bio-Rad Laboratories

Using our AI model, we have been analyzing the value change for Bio-Rad Laboratories depending on the day or month of a year. This can be seen in the following graph: